BTC/USDT Urgent Analysis
➡️ Current Situation:
BTC has faced rejection at a higher high (HH) and is testing the resistance trendline (TL).
➡️ Bearish Scenario:
There’s a possibility that BTC may retest the $57,000 range.
➡️ Key Levels to Watch:
- $64,500: Crucial level! Breaking above this indicates a bullish move towards $100K.
- $65,540: Place your stop loss...
Hello traders , here is the analysis for this stock let me know in the comment section below if you have any questions , the entry will be taken only if high of today is taken out. wait for more price action to develop before taking any position . I suggest you keep this stock on your watchlist and see if the rules of your strategy are satisfied...
Keep trading...
Here is the stock I was looking very very closely for weeks and finally the strong indication of up side move is here.
I suggest you to enter into the trade when it retests the trendline. For aggressive traders, enter at your will. Keep an eye on targets.
#MANA Coin at Major Level
Its Ready To Fly So Buy At Buy zone
Good For Long Term
If I Talk About Pattern
Its Bull Flag Breakout
Now its Retracing the support
Thanks & Regards
@iamrahulprabhakar
After moving in a clear uptrend, the prices consolidated in a narrow range.
Post the consolidation a breakout from the upper resistance level is evident.
With a SL of 390, one can trade this set-up for a target of 450.
In the daily chart, rounding bottom with a breakout at 223 levels has been formed with huge vol.
1st target will be 246-250 based on the weekly chart. And put SL on the current daily candle bottom.
AMAZING FLAG BREAKOUT SETUP
GETTING READY TO FLY VERY SOON
deets available on the chart
enjoy the move and for more setups like this do follow me.
do like and share if you feel the idea is good
IIFL Securities
Breakout of Flag (consolidation) after almost 1 year plus.
Target width of the flag : 36.20 points
Breakout after a period of consolidation always give better returns.
Hello fellow traders, we can see that ICICIRULI has formed a bull flag pattern and now taking support at major weekly support zone we can see a big move in coming days after the breakout. right it's consolidating on lower time frame and volume is decreasing which is a sign of big movement in coming days.
let me know your views on this analysis ?
MHRIL has an interesting chart pattern
Bull Flag on 4h
Symmetrical Triangle on D
+ve Covid news will make it fly
-ve Covid new exit at 200
I would enter and exit at below price points
Swing Trade
Enter - CMP, SL - 200
1st Target - 218
2nd Target - 231.8
3rd Target - 242.5
If you want to play safe wait for the breakout and test of either Bull Flag or...
Bull Flag pattern formation and breakout
Buy at CMP 4900-4930
Sell Target 5830
Stop loss 4650
Profit potential of 18% approximately
Trend continuation
Nice risk to reward on offer
